Goodwill and Intangible Assets (Tables)
|
12 Months Ended |
Dec. 31, 2016 |
|---|
| Goodwill and Intangible Assets |
|
| Schedule of changes in the carrying amount of goodwill by segment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Envestnet
|
|
Envestnet | Yodlee
|
|
Total
|
|
Balance at December 31, 2014
|
|
$
|
104,976
|
|
$
|
—
|
|
$
|
104,976
|
|
Upside acquisition
|
|
|
1,507
|
|
|
—
|
|
|
1,507
|
|
Finance Logix acquisition
|
|
|
23,492
|
|
|
—
|
|
|
23,492
|
|
Castle Rock acquisition
|
|
|
4,969
|
|
|
—
|
|
|
4,969
|
|
Yodlee acquisition
|
|
|
—
|
|
|
286,049
|
|
|
286,049
|
|
Purchase accounting adjustments - Placemark
|
|
|
280
|
|
|
—
|
|
|
280
|
|
Balance at December 31, 2015
|
|
$
|
135,224
|
|
$
|
286,049
|
|
$
|
421,273
|
|
FinaConnect acquisition
|
|
|
4,792
|
|
|
—
|
|
|
4,792
|
|
Wheelhouse acquisition
|
|
|
—
|
|
|
10,558
|
|
|
10,558
|
|
Purchase accounting adjustments - Yodlee
|
|
|
24,613
|
|
|
(28,233)
|
|
|
(3,620)
|
|
Purchase accounting adjustments - Castle Rock
|
|
|
(388)
|
|
|
—
|
|
|
(388)
|
|
Other
|
|
|
(490)
|
|
|
(189)
|
|
|
(679)
|
|
Balance at December 31, 2016
|
|
$
|
163,751
|
|
$
|
268,185
|
|
$
|
431,936
|
|
| Schedule of components of intangible assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
At December 31, 2016
|
|
At December 31, 2015
|
|
|
|
|
|
|
|
|
|
Gross
|
|
|
|
|
Net
|
|
Gross
|
|
|
|
|
Net
|
|
|
|
|
Estimated
|
|
Carrying
|
|
Accumulated
|
|
Carrying
|
|
Carrying
|
|
Accumulated
|
|
Carrying
|
|
|
|
|
Useful Life
|
|
Amount
|
|
Amortization
|
|
Amount
|
|
Amount
|
|
Amortization
|
|
Amount
|
|
|
Customer lists
|
|
4
|
-
|
15
|
years
|
|
$
|
259,490
|
|
$
|
(54,861)
|
|
$
|
204,629
|
|
$
|
257,410
|
|
$
|
(33,668)
|
|
$
|
223,742
|
|
|
Backlog
|
|
|
|
4
|
years
|
|
|
11,000
|
|
|
(6,456)
|
|
|
4,544
|
|
|
11,000
|
|
|
(703)
|
|
|
10,297
|
|
|
Proprietary technologies
|
|
2
|
-
|
8
|
years
|
|
|
57,770
|
|
|
(20,214)
|
|
|
37,556
|
|
|
53,928
|
|
|
(9,833)
|
|
|
44,095
|
|
|
Trade names
|
|
2
|
-
|
7
|
years
|
|
|
25,007
|
|
|
(6,178)
|
|
|
18,829
|
|
|
16,690
|
|
|
(2,149)
|
|
|
14,541
|
|
|
Total intangible assets
|
|
|
|
|
|
|
$
|
353,267
|
|
$
|
(87,709)
|
|
$
|
265,558
|
|
$
|
339,028
|
|
$
|
(46,353)
|
|
$
|
292,675
|
|
|
| Schedule of amortization expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31,
|
|
|
|
2016
|
|
2015
|
|
2014
|
|
Amortization expense
|
|
$
|
45,515
|
|
$
|
17,636
|
|
$
|
10,642
|
|
| Schedule of Future amortization expense of the intangible assets |
|
|
|
|
|
Years ending December 31:
|
|
|
|
2017
|
$
|
41,968
|
|
2018
|
|
35,948
|
|
2019
|
|
32,361
|
|
2020
|
|
28,615
|
|
2021
|
|
20,746
|
|
Thereafter
|
|
105,920
|
|
|
$
|
265,558
|
|